Ex-Morgan Stanley Executive Named Capital One CFO

Capital One Financial Corp. named Stephen Crawford, a former senior Morgan Stanley official, as the lender's next chief financial officer, succeeding Gary Perlin, who announced he will retire in May.

Mr. Crawford, who briefly served as co-president at Morgan Stanley under former Chief Executive Philip Purcell, has advised Capital One for several years on financial and strategic matters. Mr. Crawford, 48 years old, will join Capital...